Can any one believe that CMSB could sustain loss of 98%? No, it was a deliberate attempt to suppress price so that main shareholder could collect cheap shares in the market when everyone start selling.This share is easily worth $5.00 and to sell anything below this price is plain stupidity, My advice is to buy and keep till the end of the year and the share will double the current price of today
today is only the 1st day ppl receive news their profit drop by 98% with no dividend....EPS down tremendously...more downside today and for the week when analyst revise price...not recommended to average down price
Kinda agree with kenghock, it seems that all the unfortunate things coincidentally happened in 2016 Quarter 1, factory shutdown, rain, no new project. Every unlucky damn thing u could imagine.
To be advisable to every stock investors , Maybank have suggested a hold price for CMSB 4.60 which is ridiculous and beyond explanation . Currently the price of CMSB is fetching 3.27 at market closing price and how can I expect the current price to reach 4.60 as suggested by Maybank instead . Believe me for once as l am part of those senior stocks investors . Never ever trust those research house for deriving with the TP of the said particular stock . Common sense that speak volume unless those who are blinded by the facts to follow suits . This is my part of sharing and invest wisely and not too dependent of those inefficient TP to cheat their way out to safety . Thank You to all investors in this forum !
The Research House are full of unknowledgeble guys. RHB, Maybank etc etc says buy. I guess they are all graduated with CGPA zero. I like Michaelwong comment.
The reason I buy cmsb cos it's a solid comp, and with numerous development in Sarawak , cement is an essential.. I got trapped.. I sold some for as high as rm6 a year ago. Bought again at rm5 and it's going down to rm3+.. Hope d next qrt will perform better. Thank you michael for yr sensible comments --don't follow d research house, full of nonsense.
With msia msci index weightings drop..some stocks will get slammed.. Question is why the weightings drop.. Is it because of something happening or going to happen?
B4 election the Bugis pirate can bring down the sky as a promised to deceive the voter's , but after election , sendiri tanggong lah . ......apa lagi mau sebab mau percaya dia duit sudah bagi fatty mama pakai habis .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
spaceman123
6 posts
Posted by spaceman123 > 2016-05-16 22:15 | Report Abuse
Negative operating cash flow is a no-no !!